For someone who doesn’t listen to or watch "the news," I seem to comment on it quite a lot.
I’ve curated a collection mainly of podcasts and a few YouTube channels that give me broad coverage. While listening, I can find myself shouting at the hosts and calling them all sorts of names. Like nails on a chalkboard, I take a break and return for more.
Why?
Some of these sources have huge subscriber bases, and while I rarely find them useful, what is helpful is seeing what a large portion of the investing audience is consuming. Many of those on my list have been hugely helpful in getting me to where I am today with my process.
The chart above is "max green."
My portfolio is fully long, and I’ve begun rotating into high-beta stocks.
Does anyone else sense the complete change from 40 days ago, when the VIX was almost in the 40s?
My system figures these things out much better than I do, and as I mentioned, it’s "max green."
If everyone was so wrong 40 days ago, what are the odds they're correct now?
I will jump straight to the teeny tiny wiggles today.
I don’t really trade intra-day because, frankly, I’m just not very good at it. Last week, I pointed out the convergence around 570 across multiple timeframes. For now, it seems like we’ve hit it.
The breakout reaction was extreme, moving from -4 to over +4. As a result, the "bands" on the five-minute measure no longer look like bands at all.
Small steps. After Monthly OpEx yesterday, a large magnet for price has been removed. The reaction was strong, but now price is free to move in either direction.
New/potential subscriber intro video. It shows the weekend posts and charts that are included.
Current Closed Equity Return = 23.4%
Current Open Equity = 31.5%
Stop Loss Trigger = 25.7%
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